Ripon, CA 95366,338 E Main ST
Listed by Steven D Zakula Compass
$2,750,000
$2,870,000
4.2%
Est.Price: ?

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1,550 SqFt

338 E Main ST Ripon, CA 95366

Est. payment /mo
SOLD DATE : 05/15/2025

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Key Details

Sold Price $2,750,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 1,550 sqft

Price per Sqft $1,774

MLS Listing ID 224056833

Sold Date 05/15/25

HOA Y/N No

Year Built 2018

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Retail

Property Description

Starbucks Corporation was founded in Seattle, Washington in 1971. Starbucks is expanding its drive-thru format which produces as much as 50% more income then its older sites. Starbucks has over 38,000 locations, and S&P BBB+ rating,$36.5 billion in annual revenue and a market capitalization rate of $86 Billion. Starbucks Drive Thru built in 2018. 1550 square feet. Ten year lease + four 5 year options with 10% rent increase upon exercise of each option. Fronts State Highway 99 with 119,000+ average cars per day. Easy on/off freeway access. Sixty-five foot pylon sign. Ten car parking. Affluent demographics with $115,000 average annual income within a 3 mile radius. Within a mile of private and public schools, government offices, Mistlin Sports Park and Spring Creek Golf and Country Club. Ripon has easy access to California's major freeways. The San Francisco Bay Area is 80 miles west and Sacramento is 60 miles north. Stockton (home of University of the Pacific, Stockton Metropolitan Airport and the port of Stockton) is 10 miles to the north. Diverse Economy

Location

State CA

County San Joaquin

Area 20508

Zoning Restaurant Drive in

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplace No

Exterior

Utilities Available Separate Water Meter, Separate Gas Meter

Roof Type See Remarks

Handicap Access Parking

Total Parking Spaces 10

Building

Lot Description Freeway Nearby

Story 1

Sewer Public Sewer

Water Public

New Construction Yes

Others

Tax ID 26115052

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Listing Terms Submit

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agent

Bill Wagner

Realtor | License ID: DRE#00815652

+1(415) 246-7327

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